HOKURIKU ELECTRIC INDUSTRY CO.,LTD.
6989・Standard Market・Electric Appliances
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors (10 members in total, including 4 outside directors) meets at least once a month, and a voluntary Nomination and Compensation Advisory Committee (chaired by an independent outside director) has been established. In FY2026 (ending March 2026), the Board of Directors met 15 times, with all members attending every meeting.
Risk Management
The company holds regular Risk Management Committee meetings based on the Risk Management Regulations, Emergency Response Regulations, and BCP Regulations, and reports to the Board of Directors. Each subcommittee under the Sustainability Committee identifies and assesses risks such as climate change and compliance, and coordinates with the Risk Management Committee to maintain a company-wide risk management framework.
Shareholder Returns
For FY2026 (ending March 2026), the dividend per share was increased to ¥95 (paid as a single year-end dividend; total dividends of ¥745 million; payout ratio of 37.5%). The forecast for FY2027 (ending March 2027) is a total of ¥95, consisting of an interim dividend of ¥47.50 and a year-end dividend of ¥47.50 (marking the first-ever interim dividend). The company will continue its policy of targeting a DOE of 3.0% or higher and a payout ratio of around 35%. Share buybacks were also conducted (¥131 million in the current period).
Dividend Policy
The policy is to pay dividends so as to satisfy both a Dividend on Equity (DOE) ratio of 3.0% or higher and a payout ratio target of around 35%. For FY2026 (ending March 2026), a year-end dividend of ¥95 was paid (an increase from ¥90 in the previous period). Starting from FY2027 (ending March 2027), the company will begin paying an interim dividend, with an annual dividend of ¥95 forecast (interim ¥47.50, year-end ¥47.50). The Articles of Incorporation stipulate that dividends of surplus may be determined flexibly by resolution of the Board of Directors.
ESG
The Sustainability Committee (chaired by the Representative Director), established in 2022, promotes climate change risk management based on TCFD, targeting a 46% reduction in Scope 1 and 2 emissions by FY2030 (compared to FY2017 levels) and net zero by FY2050. In terms of human capital, the company has achieved a 100% male childcare leave utilization rate and continues efforts toward its target of 10% female managers (on a non-consolidated basis) by 2030.
Last updated: June 25, 2026